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2 mins read

SC directs govt to implement its decision to forego interest on eight categories of loans

The eight categories of loans are MSME (Micro, Small & Medium Enterprises), Education, Housi…

PTI   


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2 mins read

What is the eligibility for Pradhan Mantri Awas Yojana scheme?

The main objective of the PMAY scheme is to make housing loan affordable to all. The value of th…

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2 mins read

Indians are taking out bigger loans to buy homes in Bengaluru, Hyderabad and Delhi

Demand for home loans in the mid and high-range segments is on the rise, showed a survey by Magicbr…

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2 mins read

Yes Bank added over 90 pc of gross bad loans during nine months ended Dec 2019

Of the gross bad loans on the books of Yes Bank at end of December 2019, the bulk of loans -- Rs 3…

PTI   


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3 mins read

What is a good credit score to buy a car? The borrowers with the best rates are above 660

When deciding whether to extend a loan, auto lenders may use a specific Fair Issac Corporation (FIC…

Tanza Loudenback   


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1 min read

SBI cuts external benchmark-based rate by 25 bps

Mumbai, Dec 30 () The country's largest lender State Bank of India on Monday announced a 25 basis p…

PTI   


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6 mins read

Rupeek aims to tap into unexplored markets after its campaign with Manoj Bajpayee and Priyamani

Only 5% of the population has access to credit and we aim to tap into the remaining 95% of the popu…

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2 mins read

Don't be fooled: There's really only one kind of debt

When people see a debt as good, she explains, it eliminates the urgency to pay it off. "The only go…

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2 mins read

One Of The Most Reliable Indicators Of Job Creation Continues To Send Bullish Signals

Regarding loans to businesses, the July survey generally indicated that banks eased their lending p…

Sam Ro   


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1 min read

‘FlexiPay’ home loan by SBI comes with 3-5 yrs interest moratorium

The public sector lender has refused to term it as a ‘teaser loan’, a term introduced by the bank i…

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5 mins read

The SEC has charged private equity star Lynn Tilton with allegedly 'hiding poor performance' in 3 of her funds

The SEC's Enforcement Division alleges that Lynn Tilton and her Patriarch Partners firms have breac…

Julia La Roche   


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1 min read

PM Modi is making things easier for people buying homes for the first time. Govt is giving subsidies

As per the slabs, if you are earning less than Rs 6 lakh per annum, you will get a subsidy of 6.5 p…

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1 min read

Unemployment Rate Climbs For People With Bachelor's Degrees And Higher

While the overall unemployment rate for most categories fell, two categories saw their rates rise: …

Sam Ro   


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1 min read

Here's The Difference Between Good And Bad Debt

The classification of good or bad isn't delineated in your credit report, so you do have the power …

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2 mins read

The restart of student loan payments is going to pressure the strong US consumer, as 34% of borrowers say they'll be unable to make payments

"Only 29% of consumers who have federal student loans are confident they will have enough money to …

Matthew Fox